What you need to know
- TikTok signed a deal to sell part of its U.S. business to a joint venture primarily controlled by American investors.
- The closing date for the sale is Jan. 22, 2026, and the terms give U.S. investors full control over the TikTok algorithm and app decision-making.
- It remains to be seen whether this deal meets the terms of a congressional bill banning the app, or if China will publicly sign off on the transaction.
